NEXT STAGE OF MA­RINA AN­NOUNCED

Hills Gazette - - RESIDENTIAL -

BLACKBURNE will launch stage two of its Ma­rina East project in As­cot next week­end.

Stage one of the 91-apart­ment de­vel­op­ment met with a strong re­sponse.

“We’ve had 913 reg­is­tra­tions of in­ter­est since launch­ing the project and stage one has been an over­whelm­ing suc­cess, with over $28 mil­lion of apart­ments al­ready sold,” man­ag­ing di­rec­tor Paul Blackburne said.

“In re­sponse to the de­mand that ex­ists, we are re­leas­ing 10 new apart­ment de­signs at the stage two launch on Fe­bru­ary 10 at 11am.”

De­signed by ar­chi­tect firm Hames Sharley, Ma­rina East will in­clude a mix of one, two and three­bed­room apart­ments and pent­houses, most with di­rect river views, over three-bou­tique sized build­ings.

There will also be a ground-floor cafe over­look­ing the ma­rina and res­i­dents will have ac­cess to a pri­vate in­ter­nal gar­den and bar­be­cue al­fresco din­ing area.

Recre­ation fa­cil­i­ties will in­clude a gym, yoga room and sauna, and wa­ter sports room.

“This will in­clude a cou­ple of SUP boards and kayaks for res­i­dents to use, where they can pad­dle up the river and around the park­land in the area,” Mr Blackburne said.

“Res­i­dents will also have the op­tion to store their wa­ter sports gear in this area.”

Ma­rina East’s lo­ca­tion, on the only ma­rina east of Perth, will pro­vide easy ac­cess to shops in May­lands and Mor­ley, while res­i­dents can take their boat along the river from the Swan Val­ley to Fre­man­tle, pass­ing the As­cot Race­course, May­lands Penin­sula Golf Course, Perth Sta­dium, Crown Perth and Eliz­a­beth Quay along the way.

Mr Blackburne said buy­ers were com­ing from across Perth and were mainly owner-oc­cu­piers, par­tic­u­larly down­siz­ers want­ing larger twobed­room apart­ments, three-bed­room apart­ments and pent­houses.

“For the first time that I have seen, we have peo­ple mov­ing from the western sub­urbs to the east,” he said.

“Nearly 70 per cent of buy­ers are owner-oc­cu­piers, 28 per cent are 1845 years old, 63 per cent are 46-55 years old and 9 per cent are over 56.

“Most de­mand has been for apart­ments in the $800,000-$1.5 mil­lion range, which demon­strates a strong resur­gence in this end of the mar­ket.”

Prices for stage two start from $395,000 for a one-bed­room apart­ment, while two and three-bed­room apart­ments are priced from $595,000 and $695,000 re­spec­tively.

Pent­houses are priced from $1.02 mil­lion.

Con­struc­tion on the $73 mil­lion project is due to start in June and will be com­pleted in late 2019.

For more in­for­ma­tion, www.mari­naeast.com.au or 9429 5777. visit call

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